The objective of IT asset management (ITAM) is to set a business practices that join financial, contractual, and inventory functions to support life cycle management and strategic decision making for the IT environment. Managing IT assets allows organizations to get maximum value from the use of the assets, right-size IT inventory, and optimize inventory purchase decisions and strategies. It provides the means to achieve complete visibility into IT infrastructure inventory, helping organizations to gain an in-depth understanding of:

What systems and equipment exist

Where components reside

How they are used

What they cost

When were they added to the inventory

Whether they have an expiry date

How they impact IT and business services

 
This level of visibility into asset details will help organizations improve infrastructure efficiency and performance, and minimize related overhead expenses. All organizations, in one way or the other, perform ITAM. It’s important to implement ITAM practices intelligently, in order to achieve IT operational efficiency, financial accountability of asset purchase, simpler auditing and compliance, and long-term asset manageability and maintenance.

Benefits

Gain control over IT inventory

Efficiently perform asset life cycle management

Enable strategic inventory planning and procurement forecast

Achieve increased accountability

Automate asset discovery and tracking

Improved bottom line growth through optimized IT spends

Approach

Asset discovery, data capture and storage – Discovering all hardware and software components of IT inventory on the IT infrastructure and capturing their details, such as the type of asset, make, specification, etc., and storing it in an asset repository

Asset tracking – Being able to identify and track change in the location of assets, increase or decrease the number of assets, track assignment status and user information

Asset lifecycle management – Being able to capture the asset lifecycle data right from requisitioning, purchase and assignment, to expiry and decommissioning

Asset reporting and alerting – Being able to generate asset inventory reporting, and receive alerts on asset warranty and lease expiration

It Asset Management

Specialized in IT Solutions & Management Consulting Services